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Published in House and Home on Tuesday, September 13th 2011 at 8:09 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
DECATUR, Ill.--([ BUSINESS WIRE ])--Archer Daniels Midland Company (NYSE: ADM) today announced the appointments of Valmor Schaffer to president, ADM South America, and John Grossmann to vice president, South American Oilseeds.
"With their direction and extensive management backgrounds, ADM will continue to demonstrate the kind of outstanding performance we have achieved in this region in recent years."
aWe believe our South American origination, processing and export businesses, which are vital to ADMa™s overall growth strategy, will benefit from the expertise and experience of Valmor and John,a said Juan Luciano, ADM chief operating officer. aWith their direction and extensive management backgrounds, ADM will continue to demonstrate the kind of outstanding performance we have achieved in this region in recent years.a
As president, ADM South America, Schaffer will coordinate growth activity across all ADM business lines in the region and manage ADMa™s oilseed business in Brazil. He brings a broad range of agribusiness expertise, a deep knowledge of ADM operations and an outstanding track record to his new role.
He joined ADMa™s Brazilian grain origination operations in 1999 and served as president, ADM Paraguay, and, subsequently, as general manager of the ADM-SAO joint venture in Bolivia, which included oversight of operations in Peru and Colombia. Schaffer has studied economics at Brazila™s Faculdades Integradas do Tringulo and earlier studied foreign trade at Universidade do Vale do Rio dos Sinos (Unisinos) in Brazil.
In his new role, Grossmann will lead ADMa™s South American oilseeds business, excluding operations in Brazil, and will report to Schaffer. He joined ADM in 1998 and has held various positions in ADMa™s North and South American Oilseeds processing operations. He most recently served as president, ADM Paraguay. Grossmann is an agronomist who holds a mastera™s degree in business administration from the Brazilian university Fundao Getulio Vargas.
About ADM
Every day, the 30,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 265 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the worlda™s premier crop origination and transportation network, connecting crops and markets in more than 75 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2011, were $81 billion. For more information about our company and our products, visit [ www.adm.com ].
